The Bitcoin Playbook

The Bitcoin Playbook

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The Bitcoin Playbook episodes

  • Metaplanet's Rise and the Bitcoin Bet Coinbase Missed

    Metaplanet now holds more Bitcoin than Coinbase โ€” and the corporate playbook is shifting fast. In this Roundup, Josh Friedeman is joined by Jon Gordon (Satoshi Health Advisors) and Trey Sellers (Unchained) to break down where strategy is real and where itโ€™s just noise. From Angel Studiosโ€™ 300 BTC buy to the rise of Bitcoin Treasury premiums and Nostr in healthcare, this is signal for operators, allocators, and founders who canโ€™t afford to wait.

    Smart moves, missed bets, and what happens when conviction goes on-chain.

    KEP TOPICS

    • MetaPlanet's Bitcoin Treasury
    • Coinbase's Bitcoin Strategy
    • Bitcoin Treasury Companies in Brazil and Korea
    • Angel Studios Adding Bitcoin to Its Balance Sheet
    • Market Euphoria and Bitcoin Treasury Companies
    • The Role of Leverage in Bitcoin Investments
    • MNAV and Bitcoin Treasury Valuations
    • Counterparty Risk
    • CONNECT WITH JON

      • X: @thebitcoinyogi
      • Instagram: @jongordon9
      • LinkedIn: Jon Gordon
      • Satoshi Health: satoshihealth.com
      • Sound HSA: soundhsa.com
      • CONNECT WITH TREY

        • X: @ts_hodl
        • LinkedIn: Trey Sellers
        • Personal Site: treysellers.com
        • Newsletter: firebtc.substack.com
        • CONNECT WITH JOSH

          • ๐Ÿ”Ÿ X: @joshuafriedeman
          • ๐Ÿ”— LinkedIn: Josh Friedeman
          • TAKEAWAYS

            • Metaplanetโ€™s Bitcoin accumulation reflects long-term corporate conviction โ€” not just a headline grab.
            • Angel Studios' BTC buy signals a growing trend: mission-aligned companies using Bitcoin as a brand and balance sheet signal.
            • There are key differences between real Bitcoin treasury integration and marketing optics.
            • Smart capital allocators are starting to reframe Bitcoin not just as an asset, but as a strategic tool.
            • The biggest risk isnโ€™t volatility โ€” itโ€™s waiting too long to build Bitcoin-native infrastructure.
            • SHOW PARTNERS

              • Velas Commerce โ€” Build with Bitcoin. Build with Lightning. Velas creates high-performance websites, apps, and POS integrations purpose-built for Bitcoin commerce. โ†’ velascommerce.com
              • Strong Wealth โ€” Bitcoin-native wealth planning for business owners, HNWIs, and families transitioning generational assets. Smart estate strategy meets hard money principles. โ†’ strongwealth.net
              • 41 min
              • Trump Mediaโ€™s $2.5B Bitcoin Move: Signal or Stunt?

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                This free, 27-page resource includes:

                • Six ways ANY business can benefit from Bitcoin
                • Some of the best Bitcoin-only businesses to partner with
                • Key Bitcoin concepts for people getting started

                Trump Media just made a $2.5B Bitcoin move. Square flipped Lightning on at the point of sale. And the Bitcoin Conference? It threw a few curveballs. In this post-conference debrief, Josh Friedeman is joined by Jon Gordon and Trey Sellers to break down treasury shifts, political plays, and business adoption trends you need to know.

                ๐ŸŒ CONNECT WITH JON

                • ๐•ย ย X: @thebitcoinyogi on X
                • ๐Ÿ“ธ Instagram: @jongordon9 on Instagram
                • ๐ŸŒ Website: Jon's Website

                ๐ŸŒ CONNECT WITH TREY

                • ๐•ย ย X: @ts_hodl on X
                • ๐ŸŒ Website: Trey's Website

                ๐ŸŒ CONNECT WITH JOSH

                • ๐•ย ย X:@joshuafriedeman
                • ๐Ÿ”— LinkedIn:@joshuafriedeman
                • ๐Ÿ“บ YouTube:@joshuafriedeman

                TAKEAWAYS

                • Trump Mediaโ€™s treasury move blurred the line between campaign optics and Bitcoin conviction.
                • Squareโ€™s Lightning rollout gives 4M merchants instant Bitcoin payment access.
                • Bitcoinโ€™s adoption is risingโ€”but remains stuck in partisan gridlock.
                • The teamโ€™s conference predictions floppedโ€”and exposed where Bitcoin hype still outpaces delivery.
                • Sound HSA aims to redefine medical finance with Lightning and patient sovereignty.
                • Trumpโ€™s Rumble deal mixes alt-media, politics, and Bitcoin into one volatile cocktail.
                • Is Bitcoin a strategic treasury assetโ€”or just PR in disguise? The juryโ€™s still out.
                • Businesses want Bitcoinโ€”but lack the playbook to use it.
                • From Unchained to Square, Bitcoinโ€™s institutional playbook is splinteringโ€”not consolidating.

                SHOW PARTNERS

                Mentioned in this episode:

                Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners

                Velas Commerce: Biz Tech Meets Bitcoin

                47 min
              • Jamie Dimon Called Bitcoin a Scam. Now $4T JPMorganโ€™s Selling It

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                This free, 27-page resource includes:

                • Six ways ANY business can benefit from Bitcoin
                • Some of the best Bitcoin-only businesses to partner with
                • Key Bitcoin concepts for people getting started

                Jamie Dimon once called Bitcoin a scam โ€” now JPMorgan is offering it to clients. What changed? In this sharp business roundup, we break down Wall Street's slow pivot, why Ledn went Bitcoin-only, and how Steak 'n Shake Lightning payments signal a shift in real-world adoption. We also explore the bold idea of the U.S. acquiring 1M BTC as part of a sovereign reserve strategy.

                Featuring Joe Ianni (Lyncster) and Trey Sellers (Unchained), both trusted advisors to institutions, family offices, and Bitcoin-native businesses.

                ๐ŸŒ CONNECT WITH JOE

                • ๐ŸŒ Website: Joe's Website

                ๐ŸŒ CONNECT WITH TREY

                • ๐•ย ย X:
                • ๐ŸŒ Website:
                • ๐ŸŒ Substack: Trey's Substack

                ๐ŸŒ CONNECT WITH JOSH

                • ๐•ย ย X:@joshuafriedeman
                • ๐Ÿ”— LinkedIn:@joshuafriedeman
                • ๐Ÿ“บ YouTube:@joshuafriedeman

                TAKEAWAYS

                • Jamie Dimonโ€™s reversal highlights how even the biggest Bitcoin critics are now strategically adopting BTC.
                • Ledn dropping altcoins signals a growing institutional preference for Bitcoin-only infrastructure.
                • Lightning is reaching real-world consumers โ€” with Steak โ€˜n Shake now accepting Bitcoin.
                • Spending vs. HODLing isnโ€™t just a meme โ€” itโ€™s becoming a macroeconomic decision.
                • The Bitcoin-only movement is accelerating, leaving no room for crypto dilution in serious institutional plays.
                • Institutional interest is no longer exploratory โ€” itโ€™s strategic, tactical, and public-facing.

                SHOW PARTNERS

                Mentioned in this episode:

                Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners

                Velas Commerce: Biz Tech Meets Bitcoin

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                51 min
              • How Bitment Helps CPAs Adapt to Bitcoin - Jordan Guess

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                This free, 27-page resource includes:

                • Six ways ANY business can benefit from Bitcoin
                • Some of the best Bitcoin-only businesses to partner with
                • Key Bitcoin concepts for people getting started

                Most accounting tools break under Bitcoin. Bitment is built different.

                Jordan Guess, a CPA and the founder of Bitment, is building a Bitcoin-native platform that automates ledger feeds, generates clear bank-style statements, and helps financial pros finally keep up with the Bitcoin economy.

                ๐ŸŒ CONNECT WITH JORDAN

                • ๐•ย ย X: @guess_jordan on X
                • ๐ŸŒ Website: Jordan's Website

                ๐ŸŒ CONNECT WITH JOSH

                • ๐•ย ย X:@joshuafriedeman
                • ๐Ÿ”— LinkedIn:@joshuafriedeman
                • ๐Ÿ“บ YouTube:@joshuafriedeman

                TAKEAWAYS

                • Most CPAs still don't understand Bitcoin โ€” Bitment bridges that gap
                • Bitcoinโ€™s immutable ledger prevents Enron-style fraud
                • Legacy accounting tools fail Bitcoin businesses
                • Bitment automates transaction feeds + builds readable statements
                • Product vision = Plaid for Bitcoin + Lightning
                • CPA adoption depends on simplicity + education
                • Financial pros who ignore Bitcoin risk getting left behind

                SHOW PARTNERS

                Mentioned in this episode:

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                Velas Commerce: Biz Tech Meets Bitcoin

                Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners

                51 min
              • Bitcoin Hits Steak โ€˜n Shake โ€” Nationwide Payments Start Now

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                This free, 27-page resource includes:

                • Six ways ANY business can benefit from Bitcoin
                • Some of the best Bitcoin-only businesses to partner with
                • Key Bitcoin concepts for people getting started

                Steak โ€˜n Shake now accepts Bitcoin nationwide โ€” and thatโ€™s just the beginning. New Hampshire is advancing legislation to let residents pay taxes in Bitcoin. Strategy World 2025 revealed how corporations are moving from holding Bitcoin to building with it. This episode breaks down the most important Bitcoin business signals of the week โ€” including early signs of adoption across retail, policy, and operations.

                ๐ŸŒ CONNECT WITH JON

                • ๐•ย ย X: @thebitcoinyogi on X
                • ๐Ÿ“ธ Instagram: @jongordon9 on Instagram
                • ๐ŸŒ Website: Jon's Website

                ๐ŸŒ CONNECT WITH TREY

                • ๐•ย ย X:
                • ๐ŸŒ Website:
                • ๐ŸŒ Website: Trey's SubStack

                ๐ŸŒ CONNECT WITH JOSH

                • ๐•ย ย X:@joshuafriedeman
                • ๐Ÿ”— LinkedIn:@joshuafriedeman
                • ๐Ÿ“บ YouTube:@joshuafriedeman

                TAKEAWAYS

                • Steak โ€˜n Shake is now accepting Bitcoin payments across all U.S. locations.
                • New Hampshire is advancing legislation to allow Bitcoin tax payments and state reserves.
                • Strategy World 2025 showed how corporations are shifting from HODLing to building with Bitcoin.
                • Bitcoin adoption is moving from headlines to hands-on business operations.

                SHOW PARTNERS

                Mentioned in this episode:

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                Velas Commerce: Biz Tech Meets Bitcoin

                Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners

                39 min
              • How This Artist Is Teaching Bitcoin With Trading Cards - Alladan Flinn

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                Alladan Flinn, creator of Bitcoin Trading Cards, joins the show to discuss how art, memes, and collectibles can teach Bitcoin better than charts ever could. From fiat parallels in the collector economy to sparking orange-pill moments, this episode delivers creative insight on bitcoin adoption through design.

                This free, 27-page resource includes:

                • Six ways ANY business can benefit from Bitcoin
                • Some of the best Bitcoin-only businesses to partner with
                • Key Bitcoin concepts for people getting started

                ๐ŸŒ CONNECT WITH ALLADAN

                • ๐•ย ย X: @bitcoinliferaft on X
                • ๐Ÿ“ธ Instagram: Alladan's Website
                • ๐ŸŒ Website: Alladan's Website
                • ๐Ÿ“บ YouTube: Alladan on YouTube

                ๐ŸŒ CONNECT WITH JOSH

                • ๐•ย ย X:@joshuafriedeman
                • ๐Ÿ”— LinkedIn:@joshuafriedeman
                • ๐Ÿ“บ YouTube:@joshuafriedeman

                TAKEAWAYS

                • Alladan uses trading cards to teach Bitcoin through art and memes
                • The collector economy is a perfect analogy for fiat money inflation
                • Each card is designed as an orange pill โ€” no jargon, just curiosity
                • Kids, parents, and educators are engaging with Bitcoin in new ways
                • Bitcoinโ€™s cultural layer might be more powerful than its technical one
                • Art can orange pill faster than spreadsheets ever could
                • Bitcoin Trading Cards are turning teaching into something tangible

                SHOW PARTNERS

                Mentioned in this episode:

                Velas Commerce: Biz Tech Meets Bitcoin

                Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                49 min
              • Wall Street Is Financializing Bitcoin โ€” What Comes Next?

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                This free, 27-page resource includes:

                • Six ways ANY business can benefit from Bitcoin
                • Some of the best Bitcoin-only businesses to partner with
                • Key Bitcoin concepts for people getting started

                From Wall Street's new Bitcoin-backed products to Arizona's Bitcoin treasury bill, this Roundup episode unpacks the latest shifts in Bitcoin's role in business and finance. Jon Gordon (Satoshi Health) and Trey Sellers (Unchained) join Josh Friedeman to discuss Bitcoin-native KPIs, the risks of over-financialization, and what business owners should really track in sats.

                ๐ŸŒ CONNECT WITH JON

                • ๐•ย ย X:
                • ๐Ÿ“ธ Instagram:
                • ๐ŸŒ Website:

                ๐ŸŒ CONNECT WITH TREY

                • ๐•ย ย X:
                • ๐ŸŒ Website:
                • ๐ŸŒ Website: Trey's Substack

                ๐ŸŒ CONNECT WITH JOSH

                • ๐•ย ย X:@joshuafriedeman
                • ๐Ÿ”— LinkedIn:@joshuafriedeman
                • ๐Ÿ“บ YouTube:@joshuafriedeman

                SHOW PARTNERS

                Mentioned in this episode:

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners

                Velas Commerce: Biz Tech Meets Bitcoin

                41 min
              • Why More Employers Are Paying in Bitcoin - Scott Dedels

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                This free, 27-page resource includes:

                • Six ways ANY business can benefit from Bitcoin
                • Some of the best Bitcoin-only businesses to partner with
                • Key Bitcoin concepts for people getting started

                Scott Dedels, CEO of Block Rewards, joins to explore how Bitcoin-based compensation is reshaping employer incentives. From startup growth to their bold rebrand, Scott shares how โ€œgood moneyโ€ transforms loyalty, time preferences, and what employees value most. If youโ€™ve ever wondered how Bitcoin can fit into payroll, perks, and culture โ€” this oneโ€™s for you.

                ๐ŸŒ CONNECT WITH SCOTT

                • ๐•ย ย X: @LanternBitcoin on X
                • ๐Ÿ“ธ Instagram: @blockrewards.ca on Instagram
                • ๐ŸŒ Website: Scott's Website
                • ๐Ÿ“บ YouTube: Scott on YouTube

                ๐ŸŒ CONNECT WITH JOSH

                • ๐•ย ย X:@joshuafriedeman
                • ๐Ÿ”— LinkedIn:@joshuafriedeman
                • ๐Ÿ“บ YouTube:@joshuafriedeman

                SHOW PARTNERS

                Mentioned in this episode:

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners

                Velas Commerce: Biz Tech Meets Bitcoin

                35 min
              • Tariffs, Triffin, and Trust: Bitcoin vs. the Fiat System

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                This free, 27-page resource includes:

                • Six ways ANY business can benefit from Bitcoin
                • Some of the best Bitcoin-only businesses to partner with
                • Key Bitcoin concepts for people getting started

                Tariffs, mining, and monetary disorder โ€” this weekโ€™s panel dives into the growing tension between fiat fragility and Bitcoinโ€™s resilience. Trey Sellers (Unchained) and Jon Gordon (Satoshi Health Advisors) join Josh to unpack the Triffin Dilemma, why Bitcoin's hashrate keeps climbing, and how traditional markets are cracking under pressure. Plus: reflections on Hal Finney and his impact on Bitcoin.

                ๐ŸŒ CONNECT WITH TREY

                • ๐•ย ย X:
                • ๐ŸŒ Website:
                • ๐ŸŒ Website: Trey's SubStack

                ๐ŸŒ CONNECT WITH JON

                • ๐•ย ย X:
                • ๐Ÿ“ธ Instagram:
                • ๐ŸŒ Website:

                ๐ŸŒ CONNECT WITH JOSH

                • ๐•ย ย X:@joshuafriedeman
                • ๐Ÿ”— LinkedIn:@joshuafriedeman
                • ๐Ÿ“บ YouTube:@joshuafriedeman

                SHOW PARTNERS

                Mentioned in this episode:

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners

                Velas Commerce: Biz Tech Meets Bitcoin

                48 min
              • This Bitcoin Strategy Outperforms Without Obsession

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                This free, 27-page resource includes:

                • Six ways ANY business can benefit from Bitcoin
                • Some of the best Bitcoin-only businesses to partner with
                • Key Bitcoin concepts for people getting started

                Mitch Moore, founder of Strong Wealth, reveals Fluvius โ€” a strategy that blends Bitcoin conviction with dynamic traditional assets. Built to deliver performance without market obsession, Fluvius offers families a path to peace and upside in a volatile world. If youโ€™re a Bitcoiner navigating fiat risk or family wealth dynamics, this is a must-listen.

                Watch the full presentation of Fluvius here: https://x.com/mitchdmoore/status/1900628928328593543

                ๐ŸŒ CONNECT WITH MITCH

                • ๐•ย ย X: @mitchdmoore on X
                • ๐Ÿ“ธ Instagram: @mitchdmoore on Instagram
                • ๐ŸŒ Website: Mitch's Website
                • ๐Ÿ“บ YouTube: Mitch on YouTube

                ๐ŸŒ CONNECT WITH JOSH

                • ๐•ย ย X:@joshuafriedeman
                • ๐Ÿ”— LinkedIn:@joshuafriedeman
                • ๐Ÿ“บ YouTube:@joshuafriedeman

                SHOW PARTNERS

                Mentioned in this episode:

                Velas Commerce: Biz Tech Meets Bitcoin

                Strong Wealth: Wealth Management for Bitcoiners, by Bitcoiners

                DOWNLOAD YOUR COPY OF THE BITCOIN-FOR-BUSINESS QUICK START GUIDE

                37 min

              About The Bitcoin Playbook

              From the publisher's feed

              ๐Ÿš€ The Bitcoin Playbook is your go-to podcast for business owners and entrepreneurs looking to integrate Bitcoin into their businesses.